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BUSINESS

Airlines on edge

Business, Molpasorn Shoowong, Published on 06/06/2025

» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).

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PROPERTY

Centara opens 2 new Maldives hotels

Business, Molpasorn Shoowong, Published on 19/02/2025

» As the Maldives shifts to a family-friendly destination, Centara Hotels & Resorts (CHR) has launched two new hotels catering to this rising segment, investing more than US$200 million.

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BUSINESS

Confidence craters in tourism sector

Business, Molpasorn Shoowong, Published on 10/10/2024

» The tourism confidence index in the third quarter plunged year-on-year and remained below the benchmark, hampered by sluggish spending from factory closures, unemployment, rising non-performing loans and severe flooding in both Thailand and abroad, according to the Tourism Council of Thailand (TCT).

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BUSINESS

Hoteliers oppose B280m package for online travel agents

Business, Molpasorn Shoowong, Published on 22/08/2024

» Thai hoteliers are opposed to the cabinet's approval of 280 million baht to support tourism packages provided by online travel agents (OTAs), fearing most of the income would flow out to foreign platforms, while local operators cannot reap benefits.

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PROPERTY

More foreign ownership ‘could mean more illegal hotels’

Molpasorn Shoowong, Published on 13/08/2024

» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.

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BUSINESS

Tourism confidence low amid sluggish economy

Molpasorn Shoowong, Published on 28/06/2024

» The tourism confidence index remained below the benchmark in the second quarter, hampered by stagnant economic growth, though it improved from last year, according to the Tourism Council of Thailand (TCT).